Rayonier REIT Financial Statements
NYSE: RYNReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Rayonier REIT revenue and earnings
In fiscal 2025, Rayonier REIT generated $484.5 million in revenue, down 51.0% from fiscal 2024, its first annual decline since 2023. Net income was $474.4 million (+32.1% year over year), for a net margin of 97.9% versus a median of 13.7% in the prior 5 years. Gross margin was 32.5% (down from 44.6%) and operating margin 17.2%.
Diluted earnings per share came in at $3.03, up from $2.39. Over the last 5 fiscal years, RYN's revenue has grown at a -10.8% compound annual rate (a contraction).
Summary generated from market data by MetaCap's automated system. Methodology
Rayonier REIT income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 484.49M | 987.93M | 788.37M | 909.07M | 1.11B | 859.15M | 711.56M | 816.14M | 819.60M | 815.91M |
| Revenue growth (YoY) | -50.96% | +25.31% | -13.28% | -18.07% | +29.15% | +20.74% | -12.81% | -0.42% | +0.45% | +43.44% |
| Cost of Revenue | 327.20M | 547.58M | 528.92M | 688.28M | 796.12M | 712.44M | 558.35M | 605.26M | 568.25M | 526.44M |
| Gross Profit | 157.28M | 440.35M | 259.46M | 220.79M | 313.48M | 146.72M | 153.21M | 210.88M | 251.34M | 289.48M |
| Operating Expenses | 73.94M | 76.24M | 74.76M | 54.97M | 43.71M | 72.33M | 46.18M | 40.81M | 35.85M | 33.70M |
| Selling, General & Admin | 66.69M | 74.44M | 74.80M | 64.67M | 57.79M | 50.65M | 41.65M | 41.95M | 40.24M | 42.78M |
| Operating Income | 83.34M | 364.11M | 184.70M | 165.82M | 269.77M | 74.39M | 107.03M | 170.07M | 215.49M | 255.78M |
| Interest Expense | 26.35M | 33.76M | 48.34M | 36.21M | 44.91M | 38.77M | 31.72M | 32.07M | 34.07M | 32.24M |
| Other Income (Expense) | -6.68M | 1.27M | 18.28M | 2.56M | 280.00K | 1.17M | 5.31M | 4.56M | 1.84M | -698.00K |
| Pretax Income | 74.59M | 339.84M | 159.61M | 132.18M | 225.15M | 36.79M | 80.62M | 142.57M | 183.26M | 222.83M |
| Income Tax | 527.00K | -1.02M | 293.00K | 9.39M | 14.66M | 7.01M | 12.94M | 25.24M | 21.68M | 5.06M |
| Net Income | 474.38M | 359.15M | 173.49M | 107.08M | 152.55M | 37.08M | 59.10M | 102.22M | 148.84M | 211.97M |
| Net Income growth (YoY) | +32.09% | +107.01% | +62.03% | -29.81% | +311.36% | -37.26% | -42.18% | -31.33% | -29.78% | +359.16% |
| EPS (Basic) | 3.07 | 2.41 | 1.17 | 0.73 | 1.08 | 0.28 | 0.46 | 0.79 | 1.17 | 1.73 |
| EPS (Diluted) | 3.03 | 2.39 | 1.17 | 0.73 | 1.08 | 0.27 | 0.46 | 0.79 | 1.16 | 1.73 |
| Shares Outstanding (Basic) | 154.76M | 148.84M | 148.05M | 146.21M | 140.81M | 133.87M | 129.26M | 129.04M | 127.37M | 122.59M |
| Shares Outstanding (Diluted) | 158.71M | 152.10M | 151.07M | 150.15M | 145.30M | 136.94M | 129.60M | 129.69M | 127.81M | 122.81M |
| EBITDA | — | — | 434.06M | 321.49M | 518.28M | 274.76M | 235.26M | 314.19M | 361.49M | 406.92M |
| Gross Margin | 32.46% | 44.57% | 32.91% | 24.29% | 28.25% | 17.08% | 21.53% | 25.84% | 30.67% | 35.48% |
| Operating Margin | 17.20% | 36.86% | 23.43% | 18.24% | 24.31% | 8.66% | 15.04% | 20.84% | 26.29% | 31.35% |
| Net Margin | 97.91% | 36.35% | 22.01% | 11.78% | 13.75% | 4.32% | 8.31% | 12.52% | 18.16% | 25.98% |
This table shows 10 annual periods of Rayonier REIT's income statement, from FY 2025 back to FY 2016, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow RYN's reporting calendar. What is a income statement?